Markets & Infrastructure

Trading & Investment

SET, SSE Start Displaying Each Other’s Index Quotes

By Editors | 28/03/2023

The initiative is the first collaboration by the Shanghai Stock Exchange with an ASEAN exchange in the field of indices.

Trading & Investment

Get Ready for Final LIBOR Switch, says ISDA Chief

By Editors | 28/03/2023

The final switch to ARRs for the remaining USD LIBOR-linked contracts will entail “an extra level of complexity”, says Scott O’Malia.

Reporting & Disclosures

PRI: Policymakers Must “Establish Coherence” on Investor Stewardship

By ESG Investor | 28/03/2023

The investor network has issued recommendations for policymakers to create an “enabling environment” for stewardship activity.

Structural Regulation

Bursa Malaysia Extends Waqf Framework to REITs, ETFs

By Editors | 28/03/2023

Listing rule amendments enhance the post-listing disclosure framework for Islamic REITs and ETFs to provide transparency on the waqf arrangement.

Structural Regulation

SFC Consults on Subsidiary Legislation for Paperless Securities

By Editors | 27/03/2023

The subsidiary legislation covers operational and technical matters and the introduction of a more robust regulatory regime for securities registrars.

Anti-Bribery & Corruption

Hong Kong ICAC Issues Corruption Prevention Guide for Banks

By Sanday Chongo Kabange | 27/03/2023

The HKMA said banks operating in Hong Kong must use and make reference to the new corruption prevention guide.

Structural Regulation

SFC Waives Annual Licensing Fees for 2023/24 Financial Year

By Editors | 27/03/2023

The annual licensing fees were first waived for the 2020/21 financial year for a one year period, but it has since been extended each year.

Resolution & Recovery

First Citizens Bank to Takeover SVB Deposits and Loans

By Manesh Samtani | 27/03/2023

The FDIC and First Citizens Bank & Trust Co will share the losses and potential recoveries on commercial loans made by SVB.

Structural Regulation

Hong Kong: New Regime for Depositaries to Start in Oct 2024

By Sanday Chongo Kabange | 27/03/2023

Electronic licensing forms for RA 13 will be available in Q3 2023. Depositaries operating in Hong Kong will then have four months to submit a licensing application.